Spinning the Wheel at the Clams Casino

I sold half of my TNA position +14%. That’s my evasive action, in the case we crash tomorrow. I don’t think we crash tomorrow, but all my friends seem to. Even the stars seem to be predicting a stock market crash on the 20th of June 2012, therefore even the stars need to grow some balls. I’ve been getting myself in more and more long trades off support pivots since June started, pressing the intensity of my bets by exactly one notch each day. Now the Fed day of reckoning draws near, and the world tells me to sell out of my hard fought for winning long positions. But I’m up another 2% today, I don’t want to.

You can have half my TNA position, and that is it.

But taking profits ahead of the FED is a good idea, in reality. This fucking event can go either way. I am not advising anyone to not lighten the load. I just gotta keep it real in my blog. Who knows, I might wake up dead because I didn’t sell more.

I had a nice long relaxing lunch, and I feel pretty good right now. The current situation is there is threat of selling in equities in last hour because resistance at Daily R2 on $NQ_F. It would be a bad sign if we started tanking into the close. Basically I’m taking this increased volatility into the last hour as confirmation that we are going to move tomorrow, with extreme volatility, for sure.

My Current porftolio:

FB, EXK, ANR, CNQ, LNG, NOK, CERN, TNA, FAS, ATVI and puts on GMCR.

I made a tiny bet on Q’s front month 64 calls.

And added a new position (I can’t believe I’m saying this) -

TVIX!!!!

http://www.youtube.com/watch?v=E7d1z0Y3gSI&feature=relmfu

http://www.youtube.com/watch?v=WKJGcmskmyY&feature=relmfu

Previous Posts by noodleboy

4 Responses to Spinning the Wheel at the Clams Casino

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,294.50 -0.08%
  • NASDAQ 3,459.42 -0.11%
  • S&P 500 1,650.51 -0.29%
  • VIX 14.07 1.81%
  • SPX 500 (CFD) 1,651.40 0.05%
  • DOW (CFD) 15,307.00 0.08%
  • NASDAQ 100 2,994.80 0.11%
  • EURUSD 1.298 0.37%
  • UK 6,681.80 -0.22%
  • GERMANY 8,363.80 0.14%
  • FRANCE 3,988.30 0.53%
  • SPAIN 8,348.50 0.06%
  • H. KONG 22,618.70 -0.23%
  • JAPAN 14,568.00 0.58%
  • KOREA 1,973.45 0.22%
  • SHANGHAI 2,288.53 0.57%
  • NAT GAS 4.29 0.68%
  • GOLD 1,390.30 -0.11%
  • SILVER 22.53 0.15%
  • COPPER 3.30 0.03%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.00 -120.00%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 1.94 2.16%
  • GERMAN 10YR 1.43 -1.18%
  • ITALIAN 10YR 4.06 0.84%
  • SPAIN 10YR 4.31 0.42%
  • WTI 94.24 -0.01%
  • BRENT 102.38 -0.06%
  • WTI/BRENT 8.14
  • 321 CR SPR 21.96 10.04%